|Bsdlngfield'e|Trust|
|---|---|
|Accounts for|the year ended 30September 2020|
|Index||
|1-6|Trustee's
Annual
Report|Trustee's
Annual
Report|||
|---|---|---|---|---|
|6|Independent
Examiner's|Report|||
|7|Statement
of Financial|Activities|||
|8|Balance Sheet||||
|0 - 14|Notes to the Accounts|(including|Accounting|Poli|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Trustees'
Annual||Report||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Reference and||Administration|details|||||||||
|Registered
No:|||1075413|||||||||
|Principal
Office;|||C/o Rathbone
Investment
Management,|||Po|of Liverpool||Building,|||
||||Pier Head, Liverpool
L3 1NW|||||||||
|Trustees who|||Francis Roger Shacklston|||||||||
|served
during|the||Olwen
Mair Whitty (nee Mihangel)|||||||||
|year:|||Robert Wallace Harn QC
James Francis Stewart Presce|||||||||
||||Andrew Timothy
Morris|||||||||
|Solicitors 0|||Addleshaw
Goddard, 3Sovereign||Square,||overeign|Street||||
|Administrators:|||Leeds LS14ER|||||||||
|Accountancy:|||Rathbone Trust Company
Limited,||Port of||iverpool|Building,||||
||||Pier Head, Liverpool L3 1NW|||||||||
|Independent|Examiner;||Kerry Clayton, clo Port of Liverpool||Buildin||, Pier Head, Liverpool,|||||
||||L3 1NW|||||||||
|Bankers tt|||Rathbone
investment
Management||Limits||, Port of|Liverpool||Building,||
|Investment
Managers|||Pier Head, Liverpool L3 1NW|||||||||
|Plans for ths||future||||||||||
|The Trustees
received each||are satisfied that their current
policies, induding
ir objectives and
year, are sufficient to meet the||to
do|donate t s majority ofnst income
not expect these to be amended||||||in the|
|foreseeable|future,|||||||||||
##
##
##
##
##
##
##
##
##
##
##
##
|Statement offinancial activities|||
|---|---|---|
||Unrestricted|Unrestricted|
||Funds|Funds|
||Total|Total|
||2020|2019|
||8|6|
|Notes|||
|Income from:|||
|Investments|125,388|150,263|
|Total Income|126,366|160,263|
|Expenditure
on:|||
|Raising funds
Charitable
activities|15,112
159,405|15,693
151,130|
|Total Expenditure|1741617|166,823|
|Net gains I(losses) on investments|(473,740)|100,714|
|Nst movement
in I'unds|(522,891)|84,174|
|Reconciliation offunds|||
|Balance brought forward at 1 October 2019|4,106,031|4,023,858|
|Balance carried forward at 30September 2020|3,586,140|4,1081031|
|The notes on pages 9to 14form part ofthese accounts.|||
|Bsdingfield's|Trust||||
|---|---|---|---|---|
|Accounts for|the year ended 30 September 2020||||
|Balance Sheet at 3DSeptember 2020||Unre|trlcted|Unrestricted|
||||Funds|Funds|
||||Total|Total|
||||2D20|2019|
||||8|2|
||Notes||||
|Fixed Assets|||||
|Investments
at Market Value||3|189
,450,|3,933,868|
|||8|'l8 0 119|3,933,668|
|Current Assets|||||
|Cash at bank|and on deposit||139,331|180,911|
|Total Current|Assets||139,331|180,911|
|Liabilities|||||
|Creditors: amounts
falling due within
one year|||4,380|8,548|
|ftet Current Assets l (Liabilities)|||134,951|124,363|
|Total Net Assets at 30 September 2020|||,588,'l40|4,108,031|
|Funds ofthe Charity|||||
|Total Unrestricted
Funds|||,685,140|4,109,031|
|Funds at 30|September 2020||,585,140|4,108,031|
|Approved
by|lhe Doard ofTrustees snd signed on its behalf by:||||
||||/o ~ Hc ~a ~~ r.||
|,Fiancls
:,rugfsi,|ogsr Shacklston|Date|||
|The notes on pages 9 to 14 form part ofthese accounts.|||||
||Page B||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|3|investment
income||||020
6||2019
2|
|---|---|---|---|---|---|---|---|
||Fixed Interest
UK Equities
Unit Trust Income
Unit Trust interest
REIT
Overseas
Excess Repottable
Income
Non reclaimable
tax deducted at source
Bank Interest||||88190
63,957
16r462
2,293
5(954
31&404
329
(3,)66)
333||190
87,882
16,540
2,283
8,944
33,883
0
(5,898)
399|
||||||12 366||480 888|
|4|Raising funds||||020
6||2019|
||Investment
Management|fees|||112||15,693|
|5|Charitable
activities||||2020
2||2019
5|
||Grant making:
Donations
made - Gray's
Governance
costs (note|Inn
6)|||'I60,000
9,405||f45,000
8,'/80|
||||||15 ,405||151,130|
||Ths Trustees made a grant||to Gray's|Inn to be applied towards scholarships
nd continuing||education|by the Inn.|
|6|Governance
costs||||2020||2019
6|
||Accountancy
and Taxation
Independent
Examination
Solicitors fees||fees
fees||)
600
~4M||3,780
800
1,750
8 480|
##
##
##
##
|8|Investments|Vs/ue ei
Purchases|Vs/ue ei
Purchases|Vs/ue ei
Purchases|Sales||Realised|Unrealised|Value at|
|---|---|---|---|---|---|---|---|---|---|
|||30/09/2019||at cost|proceeds|Gains/(losses)||Gains/(losses)|30/09/2020|
|||5||2|8|||E|8|
||L/sted:
Fixed Interest,|75,435||0|0||0|1,873|77,308|
||Investment
Trusts &
Property Funds
Overseas
UK Equities
Commodities|854,517
1,254,379
1,829,948
119,391|1,252
727,822
7,840
0||176,175
534,006
38,471
0||(4,096)
(61,927)
(16,978)
0|2,507
(77,821)
(344,327)
27,030|678,004
1,308,447
1,240,009
148,421|
|||3933,668|736,913||746,652||83001|390,739|3450,189|
||Unllever represents 8.2%(5.8% 2019)and||JP Morgan Asset Managers||||(UK) represents 6.6%(6.3%0||2019)ofthe|
||charity's total investments|held ss at 30 September 2020.||||||||
|9|Cash st Bank and on Deposit||||||2020||2019|
||||||||2|||
||Rathbone
Investment
Management||||||139,331||'180911|
|10|Current liabilities||||||2020
F||2019
8|
||Creditors; Amounts
felling due within one year:
Addleshaw
Goddard||||||0||958|
||Rathbone
Trust'Co Ltd fees||||||3,780||3,780|
||Independent
Examination
independent
Examination|fees
fees - Prior Years|||||600
0||800
1,200|
||||||||4 380||8 548|
|11|Financial Instruments||||||2020||2019|
||||||||8|||
||Carrying
amount offinancial assets|||||||||
||Debt instruments
receivable
within one year
-Cash||||||139331||180,911|
||Carrying
amount offinancial
liabilities|||||||||
||Payable within one year
- Creditors||||||4 3811||6548|
||Instruments
measured|atfair value through||SOFA||||||
||Investments
at value||||||3450 189||9,833668|
##
##
##
##